USAA members can ask for a 90-day credit card payment deferral during the coronavirus pandemic

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USAA members can ask for a 90-day credit card payment deferral during the coronavirus pandemic
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USAA members can ask for a 90-day credit card payment deferral during the coronavirus pandemic.

that offers an introductory 0% APR on balance transfers for 12 months .

If you are approved for a deferral program, you will not be penalized for your late payments — but your card may still incur interest on your unpaid balances. Still, deferral can be a good option if you don't think you will be able to make your credit card payments on time these next few months. Remember, deferrals andUSAA membership is free and open to military members and their families. To discuss your financial relief options, USAA asks that members call and speak to customer service.

Make sure you have your credit card and necessary forms of documentation ready, plus any responses to security questions on your account that you may be asked to provide. Once connected, you will be able to explain your financial situation and any recent hardship you have experienced, including a recent layoff, reduction in working hours or furlough.

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